Nanjing Steel sees increased net profit in Q1
Friday, 05 May 2017 09:55:09 (GMT+3)
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Shanghai
Jiangsu Province-based Chinese steel producer Nanjing Iron and Steel Co. Ltd (Nanjing Steel) has announced that in the first quarter of the current year it registered an operating revenue of RMB 8.506 billion ($1.23 billion), rising by 77.17 percent year on year, with a net profit of RMB 549 million ($79.68 million) compared to the net profit of RMB 11.13 million recorded in the same period of 2016.
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